We are happy to announce the completion of the composition of the board of directors of Bank esh Israel.
We have a unique opportunity to create, from the outset, an organizational structure based on our values, that works in harmony with the spirit of the times, allowing us to deviate from organization structures that developed in a world governed by different values.
One of the main distortions accompanying many corporations around the world is the lack of gender equality among board members. In 2021, only 27% of directors in public corporations were women (1) – a little more than a quarter. The Securities Authority has set a goal of correcting this, striving to have female directors make up at least 35% of all directors by 2028 (2) – a little more than a third. In fact, in banks and credit card companies, women make up only 24% of the board members – less than a quarter (3).
In addition to the importance of balance and equality, studies show that gender diversity facilitates mental and emotional diversity in decision-making processes, increases the number of potential solutions raised when addressing challenges, expands the organization’s network of connections and its access to business opportunities.
As an organization striving to change perceptions and models in the traditional banking world, we decided at esh to have an equal board of directors from the very beginning of our operations.
The bank’s board of directors is comprised of 3 women and 3 men.
Each individual is a person whose name goes before them, each chosen based on their extensive experience.
We invite the boards of other banks and companies to follow our lead.
Members of the Bank’s Board of Directors:
- Prof. Shmuel Hauser – Chairman of the Board of Directors
- Dr. Nadine Baudot Trajtenberg – Vice-Chairman of the Board of Directors
- Ms. Ester Levanon – Director
- Dr. Kira Radinsky – Director
- Prof. Dan Galai – External Director
- Mr. Ron Bedni – External Director
Congratulations to the members of the board,
Team esh.
[1] Knesset Research and Information Center
[2] Miss Annat Gueta, chairman of the Israel Securities Authority June 30, 2022
[3] Promoting Gender Diversity on Boards of Directors in Israel, Reut Alcalay, Herzog Fox & Neeman, January 4, 2021
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